FACILITYCalgary

news, commentary & perspective - financings, deals - commercial real estate, infrastructure, oil & gas

FACILITYCalgary May 20/25

ARCHIVED ISSUES

CONVERSATIONS

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SHAKERS AND MOVERS 
appointments and disappointments 

+ Azim Qazi to Head of Ecommerce @ Levitee Labs Inc.

+ Brittany Tobias to Mgr., Regulatory Projects @ Alberta Energy Regulator

+ Carole Simoneau to Sr. Project Manager @ The Cadillac Fairview Corporation Limited

+ Chris Taves to Chairman @ MediPharm Labs Corp.

+ Daniel Monehin to Director @ Amex Bank of Canada

+ David Gens to Director @ LUXXFOLIO Holdings Inc.

+ Doug Black, Senator @ Government of Canada, retiring

+ Gaurav Upadhya to Director @ Amex Bank of Canada

+ Gil Quiniones to Director @ Emera

+ Isabelle Hudon to Pres. & CEO @ BDC

+ Jean Charles Phaneuf to Director @ Carl Data Solutions Inc.

+ Kai Fahrion to Co-CEO @ Virtuoso Energy

+ Kevin Strain to Pres. & CEO @ Sun Life

+ Laurent Ferreira to CEO @ National Bank of Canada

+ Leonard Van Betuw to Director and CEO @ Petro Viking Energy Inc.

+ Linda Drysdale to Director @ Pet Value Canada Inc.

+ Louis Vachon, Pres. & CEO @ National Bank of Canada, retiring

+ Mark Coady to Director, Consulting Service – Cloud ERP Practice @ Oracle Canada

+ Mike Tuff to VP, Bus. Dev. @ TSX Trust

+ Rossitsa Stoyanova to Chief Investment Officer @ Investment Management Corporation of Ontario (IMCO)

+ Sarah Davis to Director @ Pet Value Canada Inc.

+ Stacey McDonald to Director @ Bonterra Energy Corp.

+ Tracy Aylesworth to Sr. Development Officer @ The Mustard Seed

~ Note: links in this section are to LinkedIn profiles where available, and otherwise to a relevant posting of the appointment. -  [ send us your appointment notices  kolke@facilitycalgary.com ]




 HUMAN RESOURCES + WORKPLACE TRENDS 

+ 1 in 4 women deal with this issue at work

+ ups and downs of working from home

+ women in exec roles get 56% less …




CONVERSATIONS

Click here to access the archive (2012-2021) : archived conversations with fascinating Calgarians ...



PUT YOUR 
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 Advertising/sponsorship queries:  kolke@facilitycalgary.com 
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 SHAREHOLDER MEETINGS

+ Aug. 26; Neptune Wellness Solutions Inc., Annual General and Special Meeting of Shareholders, virtual-only

+ Sept. 2; XORTX Therapeutics Inc., Special Meeting of Shareholders, Calgary and virtual

+ Oct. 5;  Equitable Group Inc., Special Meeting of Shareholders, virtual-only

[ please send your event notices and AGM notices to  kolke@facilitycalgary.com ]




  GLOSSARY + ABBREVIATIONS + ACRONYMS 

CLICK HERE FOR FULL GLOSSARY  




 SAVE THE DATE - CHARITY GOLF TOURNAMENTS 

+ Aug. 19; Western Roses CF Golf Tournament, Elbow Springs Golf Course, Calgary; info/register

+ Aug. 19; JFSC – 6th Annual Martin, Staniloff & Thal, Charity Golf Classic, D’Arcy Ranch Golf Club, Okotoks, info/registration/sponsor

+ Aug. 24; Alberta Cancer Foundation Golf Classic, Country Hills Golf Club; info/register

+ Aug. 26-28; 70th Annual CEEA Forum & Oilmen’s Golf Tournament [keynote speaker, Rex Murphy], Fairmont Banff Springs, info/register

+ Sept. 8; Little Warriors Charity Golf Tournament, The Quarry course, Edmonton; info/details/donate;  register

+ Sept. 8; Hol ‘n Fun Charity Golf Tournament in support of Calgary Police Youth Foundation; information/register

+ Sept. 9; Kerby Centre Charity Classic, Carmoney Golf Club, Calgary; info/registration

+ Sept. 13; 65 Roses Ladies Golf Classic, Earl Grey Golf Club, Calgary; info; registration golfers/teams

+ Sept. 22; CAOEC Golf Tournament, Elbow Springs Golf Club, Calgary; info/sponsor - register

~ [please send your charity golf event notices to  kolke@facilitycalgary.com ]




 CLIMATE CHANGE + LEED + RENEWABLE ENERGY 

+ Dave Yager challenges the science behind the IPCC Climate Reports




 OUR MEDIA PARTNERS 

+ GLOBAL ENERGY SHOW   - postponed to Sept. 21-23, 2021; North America's Leading Energy Event, Stampede Park - Calgary, Canada

+ Check out this year’s GLOBAL ENERGY AWARDS winners




 INFRASTRUCTURE + P3 

+ GOC providing Calgary International Airport with $57.0 million from Transport Canada's Airport Critical Infrastructure Program for rehabilitation of the west runway 




 CORPORATE RESPONSIBILITY + ESG REPORTS 


+ Recipe Unlimited published its 2020 Corporate Social Responsibility Report




 INTERESTING TRENDS IN RETAIL REAL ESTATE ... 

+ First Capital REIT agreed to sell its Towerlane Centre & Airdrie Village property as part of a portfolio deal 




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 Sponsors of this week's issue:

Visit: Levvel.ca
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E-mail: connect@levvel.ca
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OUR SERVICES



Visit: https://falkbuilt.com/
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DIGITAL COMPONENT CONSTRUCTION



The Level Seton - Rental by ROHIT
For showings and information, call Jenn at 587-600-1960 

e-mail CalgaryRentals@rohitgroup.com
 
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Request a consult
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Contact Zelos for a free consultation today
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Visit:  www.zelosglobal.com
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E-mail: kareen@zelosglobal.com

 LEADERS IN PRIVATE WEALTH MANAGEMENT



BennettJones.com



Visit: https://www.incito.ca/
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E-mail:  inspire@incito.ca

EXECUTIVE COACHING



 QUOTES 

+ You can always count on Americans to do the right thing – after they’ve tried everything else. – Winston Churchill

+ If you put the federal government in charge of the Sahara Desert, in 5 years there’d be a shortage of sand. – Milton Friedman




 KUDOS 

+ to the Shaw Charity Classic organizers, sponsors and volunteers for a spectacular event; full leaderboard results – full website; Doug Barron wins, charities win big too!




CLICK HERE to sign up for Housing Truth newsletter 



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CONTACT MARK KOLKE 
PROPERTY MANAGEMENT SERVICES

OFFICE AND INDUSTRIAL LEASING

RETAIL LEASING AND SALES



FACILITYCalgary newsletters may not be reproduced, rewritten, distributed, re-disseminated, transmitted, displayed, published or broadcast, directly or indirectly in any medium without the prior written permission of MaxComm Communications - © Copyright 1999 - 2021 MaxComm Communications. All rights reserved. Domains operated by MaxComm Communications:

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 weekly newsletter

Est. July, 1999

~
Mark Kolke, Publisher

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NEWS SUMMARY 
 August 10 ~ 17 / 2021 


+ Abbey Resources Corp. sought CCAA creditor protection; MNP appointed monitor

+ Brandt Tractor Ltd. agreed to acquire Cervus Equipment Corporation

+ Brookfield Asset Management agreed to acquire American National Group Inc. for US$5.1 billion

+ Calgary Council races; City of Calgary 2021 elections; now there are 23  candidates running for mayor: Ian Chaing, Jan Damery,  Jeromy Farkas, Brad Field, Emile Gabriel, Jyoti Gondek, Larry Heather, Dean Hopkins, Kevin Johnston, Zane Novak,Teddy Ogbonna, Sunny Singh, Shaoli Wang,  Grace Yan, Zac Hartley, Grant Prior, Jeff Davidson, David oZone Clark., Paul Michael Hallelujah, Mizanur Rahman, Zaheed Khan, Will Visor , Corey Lanterman and 95 candidates have filed nomination papers for the council’s 14 Ward seats

+ COVID-19 in Alberta current stats [5.354 active cases]– new cases ticking up, 4th wave concerns are bing raised - no change in government plan; ~ 1,407 new cases over the last three days!

+ current energy prices; live link to current Bloomberg energy prices / OilPrice.com; crude prices recovering from last week’s slump, and holding up – WTI@ US$67/bbl, Brent @ US$69/bbl – notwithstanding Biden administration calls for increased OPEC+ production levels, and softening Chinese demand …

+ election time: on September 20th, Canadian’s go the polls. Prime Minister Trudeau asked the Governor-General to dissolve Canada’s 43rd parliament and called for a federal election:

+ Electric Royalties Inc. closed its acquisition of a  portfolio of royalty acquisitions

+ HOUSING TRUTH – monthly residential newsletter: HOUSING TRUTH – CLICK HERE TO SIGN UP for our mailing list  –  July issue, archived issues …

+ PROPERTYlines;  – monthly commercial real estate newsletter  CLICK HERE to CHECK OUT THE July issue;  archived PROPERTYlines Issues  

+ Razor Energy Corp. closed its $5.0 million asset acquisition

+ Richardson International Ltd. acquired control of Control Chemical Corporation

+ rig activity in Canada

+ rig counts (active/working) – US: up 9 to 500 this week; Canada: up 8 to 164 this week; full breakdown and international rig counts

+ SNC-Lavalin closed the sale of its Resources Oil & Gas business unit to Kentech Corporate Holdings Limited; terms not disclosed

+ TC Energy Corporation and Irving Oil signed an MOU for a JV to executed some greenhouse gas emission reduction projects

+ TMX Group closed its $165.0 million acquisition of AST Trust Company (Canada)




THIS WEEK IN FINANCINGS 
- proposed & closed

+ Air Canada a $7.1 billion refinancing transaction

+ Baylin Technolgies Inc. is on the market to raise $10.0 million in equity by private placement

+ Flagship Communities REIT is on the market to raise $29.7 million  in debt

+ Fluide Biotech Inc. raised US$4.7 million in seed funding

+ FreshBooks raised US$130.0 million in funding

+ GFL Environmental Inc. closed US$550.0 million sr. unsecured debt financing

+ Great-West Lifeco Inc. closed $1.5 billion debt raise

+ Lightspeed POS Inc. closed US$716.1 million equity raise

+ Lion Electric Company secured a new US$100.0 million credit facility

+ LQT Therapeudtics closed a US$19.0 million financing

+ Marwest Apartment REIT closed a $4.7 million equity raise

+ Nexus REIT is on the market to raise $75.0 million in equity

+ Telesat Canada secured $1.44 billion in financings (debt and equity)

+ Tidewater Midstream and Infrastructure Ltd. is on the market to raise $150.0 million in equity by IPO

+ Zilia secured $4.0 million in seed funding

*editor’s note: names companies involved in arm’s length debt and equity financing transactions we report in this section are ALWAYS the borrower; we report ‘fresh raises’ and do not report secondary offerings or non-arm’s-length transactions …




PUT YOUR 
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 Advertising/sponsorship queries:  kolke@facilitycalgary.com 
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 SAVE THE DATE / upcoming events

+ Aug. 28; Enbridge Tour Alberta for Cancer; sign up for free, no minimums – cycle from anywhere and any distance – pedal for progress; info/register

+ Sept. 12-15; Digital Construction World, Dubai World Trade Centre, info/register

+ Sept. 15-16; Oil Sands Conference & Trade Show, Fort McMurray; program -  info/register

+ Sept. 21 - 23; Global Energy Show, Stampede Park, Calgary; awards nomination, info/registration

+ Sept. 22-23; Canadian Apartment Investment Conference, online/virtual – info/registration

+ Sept. 22-24; CREC Live - Consumer Real Estate Canada Conference, Carriage House, Calgary; info/register

+ Sept. 28-29; RealREIT 2021 – REIT Conference, online/virtual – info/registration

+ Sept. 30-Oct. 3; Calgary Fall Home Show, Stampede Park, Calgary, info/book a booth

+ Oct. 4-6 [REVISED DATE]; NeoCon, the Mart, Chicago; info/register

+ Oct. 20 -21; Calgary Real Estate Forum, virtual format; agenda/register

+ Oct. 20-21; BOMEX Virtual 2021, The New Normal?, annual conference; info/register

+ Nov. 5; 7th Annual Peter Burgener Charity Concert for Classrooms with Barney Bentall and the Cariboo Express, Bella Concert Hall, Mount Royal University; save the date

+ Nov. 9-10; ISA, Calgary Show – Expo & Conference, Telus Convention Centre, Calgary; save the date / submit a paper (deadline is June 7) / conference brochure/register

 

+ Dec. 6-9; World Petroleum Congress, Houston; info/registration

~

2022

+ Feb. 17-18; Canadian Concrete Expo, International Centre, Mississauga, ON; save the date

+ Mar. 31 – Apr. 1; National Heavy Equipment Show, International Centre, Mississauga; save the date

+ Apr. 6-8; Economic Developers of Alberta – EDA Experience 2022, Pomery Kananaskis Moutain Lodge, Kananaskis; info/partner/call for presenters

[please send your event notices and AGM notices to kolke@facilitycalgary.com ]




 CONSTRUCTION NEWS + BUILDING SERVICES INNOVATIONS 

+ Stantec wins fighter jet facilities design assignment; Bagotville and Cold Lake


Unless otherwise noted, everything on this website is Copyright  Protected - © 1999 - 2025 - Mark Kolke, Publisher / MaxComm  Communications/Waterglass Press, units of PLANDflex Corporation, all rights reserved.


Our mailing address is: 6204B Burbank Road SE, Calgary, T2H 2C2, Canada

this site last updated May 20, 2025